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Required information

Problem $12-25($Static$)$ CVP analysis$-$what$-$if questions; breakeven LO $12-7,12-8,12-9,12-10$

$[$The following information applies to the questions displayed below$]$

Marathon Company makes and sells a single product. The current selling price is $$18$ per unit. Variable expenses are $$12$ per unit, and fixed expenses total $$36,000$ per month.

$($Unless otherwise stated, consider each requirement separately.$)$

Problem $12-25($Static$)$ Part b

b$.$ Calculate the margin of safety and the margin of safety ratio. Assume current sales are $$120,000.$

$\backslash$table$[[$Margin of safety,$],[$Margin of safety of ratio,$\%$